The Greek economy seems to have returned to positive growth rates as the GDP rate shows that the economy is steadily growing this year, Ernst & Young said its Eurozone Forecast report. It says that Greece was the fastest-growing economy in the Eurozone in the third quarter, with a GDP growth of 0.7% compared with the previous quarter, marking the first GDP increase after six years of recession.

The audit firm reports that it expects the recovery to be widespread with all basic sectors of the economy contributing to GDP growth this year. In particular, consumption seems to be growing further, after a 0.3% increase in the second quarter, while fixed-capital investments rose 1.4% in the second quarter.

More information: E&Y Eurozone Forecast December 2014